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Pakistan’s Pharmaceutical Exports Highest in 20 Years
Pakistan’s pharmaceutical exports have reached their highest growth in two decades, driven by strategic policy reforms and expanding global demand. In the fiscal year ending…
Sindh Farmers Vow Court Battle Against 45% Agricultural Income Tax
Sindh farmers have decided to take legal action against the recently imposed 45 percent agricultural income tax, calling it unconstitutional and a threat to their…
Joselito Jr. Avancena Returns as Nestle Pakistan CEO
Nestle Pakistan CEO Joselito Jr. Avancena has officially resumed his role, according to a notification shared with the Pakistan Stock Exchange (PSX) on Wednesday. Alongside…
Askari Insurance Closes Property Deal Worth Rs432 Million
Askari Insurance has finalized a major property transaction worth over Rs432 million with its associated company, ADHL, securing prime commercial space in Lahore. Askari General…
Pakistan-Vietnam Trade Nears $1 Billion
Pakistan-Vietnam trade has shown steady growth in 2024, reaching approximately $850 million, with both countries aiming to hit the $1 billion mark in the near…
Govt Approves 50% Export Retention for Chinese Firms in Gwadar
In a significant move to boost Chinese investment, Pakistan has approved a short-term policy allowing Chinese firms operating in the Gwadar Free Zone to retain…
Drop in Global Prices Hits Pakistan’s Rice Export Revenue
Pakistan’s rice export revenue experienced a sharp decline in FY25, falling by 14.7% to $3.36 billion despite only a modest drop in export volume. The…
World Bank Urges Energy Cuts in Pakistan’s Industries
The World Bank has called for urgent energy efficiency improvements across Pakistan’s major industrial sectors, including cement, textile, steel, fertiliser, and paper, to lower costs…
Govt to Revise Policy on Tax Deduction on Cash Sales
The federal government has proposed a major change to the policy governing tax deduction on cash sales, raising the limit from Rs200,000 to Rs2.5 million…
Pakistan IT Exports Grow in FY25 but Fall Short of Govt Target
Pakistan IT exports, including IT and IT-enabled services (ITeS) like computer and call center services, recorded nearly 18 percent growth during the fiscal year 2024-25.…
Govt Fixes Sugar Price in Islamabad as Shortage Worsens
To combat inflation and market manipulation, the government has officially set the sugar price in Islamabad and initiated a crackdown on retailers violating the rate.…
Trilateral Deal Signed for Uzbekistan-Afghanistan-Pakistan Railway Project
Pakistan, Afghanistan, and Uzbekistan have signed a trilateral framework agreement for the Uzbekistan-Afghanistan-Pakistan railway project, a key step toward enhancing regional connectivity and trade. The…
